Deutsche Bank: Fifth Third Bank, Morgan Stanley Top US Banks
Deutsche Bank AG (ETR:DBK) (FRA:DBK) (NYSE:DB) named Fifth Third Bancorp (NASDAQ:FITB) and Morgan Stanley (NYSE:MS) as its top banks among US banks, while loan growth remains sluggish and net-interest margins stay low for the entire sector.
Medium and long term interest rates were up nearly 100 bp for Q2, but traders were disappointed that this didn’t translate into stronger net-interest margins (NIM). Even if the higher rates . . .
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